Given the following data: Per Unit Total Sales $ 19 $ 51,300 Less variable expenses 12 32,400 Contribution margin 7 18,900 Less fixed expenses 12,500 Operating profit $ 6,400 If sales decrease by 300 units, by what percent would fixed costs have to be reduced in order to maintain current operating profit
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What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
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After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
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Identify at least 3 body language messages that project a positive attitude
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Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right
Answers: 3
Given the following data: Per Unit Total Sales $ 19 $ 51,300 Less variable expenses 12 32,400 Contri...
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